Ron Paul


Ron Paul, 76, is a Texas congressman who has built a reputation in Washington for cutting his own path -- primarily because he says he doesn’t vote for anything unless it is specifically authorized by the Constitution.

His political beliefs include support for auditing the Federal Reserve, making gold and silver legal tender and withdrawing U.S. troops from Iraq and Afghanistan. His campaign for the 2008 Republican presidential nomination attracted avid online supporters, if few votes.

Born and raised in Pittsburgh, Paul graduated from Gettysburg College in Pennsylvania and the Duke University School of Medicine in North Carolina. He served as a flight surgeon in the Air Force and in 1968 moved to Texas, where he established a medical practice as an obstetrician.

He was first elected to the U.S. House of Representatives in an April 1976 special election, lost his seat that November, then was returned to the House in 1978. In 1984, he gave up his House seat for an unsuccessful bid for the U.S. Senate. In 1988 Paul was the Libertarian Party’s nominee for president, winning 431,750 votes, or 0.5 percent of the total.

Paul has written several books, including “Challenge to Liberty,” “The Case for Gold” and “A Republic, If You Can Keep It.” He and his wife, Carol Paul, have five children and 18 grandchildren. Paul’s high profile in Republican politics helped propel one of his sons, eye surgeon Rand Paul, to a U.S. Senate seat from Kentucky in 2010.

Ron Paul News

  • Paul to Stop Campaign Spending Without Ending Presidential Bid

    Republican presidential candidate Ron Paul said he will stop spending money to compete in primary elections, while trying to collect more delegates at state conventions that could give him a greater voice in the party.

  • Ron Paul Loyalists Stepping Up to Fill Campaign Agenda

    After 12 terms in the House, Ron Paul says he’ll retire at year’s end. Though he insists he can still capture the Republican nomination, his presidential runs have always been about forcing other candidates and the public to pay attention to his libertarian arguments.

  • Ron Paul Reports Raising $3.3 Million in February for Campaign

    U.S. Representative Ron Paul of Texas reported raising $3.3 million for his presidential campaign in February, trailing at least two of his rivals for the party’s nomination during the month.

  • Paul Could Force Fed Changes on GOP

    Ron Paul, trailing in delegates needed for the 2012 Republican presidential nomination, could be positioning himself to force his party to accept changes in the way the Federal Reserve operates.

  • Republicans Running as Outsiders Getting Taxpayer-Paid Pensions

    While campaigning on calls to reduce government spending, three of the four Republican presidential candidates are receiving or will be eligible to draw taxpayer-financed pensions. Ron Paul is eligible, but he has opted out of the plan.

  • Ron Paul Presidential Campaign Sues Anti-Huntsman YouTube Video’s Makers

    Presidential candidate Ron Paul’s campaign committee sued the unidentified makers of a video attacking ex-Republican rival Jon Huntsman claiming it falsely implies it was made or endorsed by the Texas congressman.

  • Republicans Who Didn’t Serve Draw Veteran Support

    Polls show that in the U.S. Republican presidential primary two candidates without any personal military experience, Mitt Romney and Newt Gingrich, are running stronger than two veterans, Ron Paul and Rick Perry.

  • Paul May Gain Republican Convention Clout With Wins That Gain Delegates

    Four years ago, Ron Paul arrived at the Republican convention in St. Paul, Minnesota, with just 15 delegates and was shunned by party elites who gave him no speaking role. Paul probably will be a more forceful presence at this summer’s Tampa, Florida, convention, to the consternation of some Republican leaders.

  • Ron Paul Attacks Santorum as Spendthrift

    Ron Paul called former Pennsylvania Senator Rick Santorum a spendthrift with federal money as the Texas congressman began a five-day New Hampshire campaign push he said will highlight his Republican presidential rivals’ backing for “big government.”

  • Paul: I’m ‘Electable’ and ‘Mainstream’

    U.S. Representative Ron Paul of Texas dismissed criticism from Republican presidential rivals that his views are outside the U.S. political mainstream, saying he is “pretty electable.”

  • Paul’s Raw Milk Freedom Pitch Reflects Offbeat Campaign on Rise

    When about 500 voters packed into a New Hampshire town hall last week to hear Ron Paul speak, they saved their biggest applause for something no other Republican presidential candidate is talking about.

Opinion From Bloomberg View

Presidential Campaign News

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    Published 25 minutes ago

    Ontario voters re-elected Premier Kathleen Wynne’s Liberal Party, upgrading her government to a majority mandate and rejecting the main opposition Conservative Party’s call for budget austerity.

  • Oil Rallies as Militant Advance in Iraq Threatens Crude

    Published 34 minutes ago

    West Texas Intermediate crude headed for the biggest weekly advance since December and Brent gained as escalating violence in Iraq threatened supplies from OPEC’s second-largest oil producer.

  • Hillary Clinton Joins Obama to Rowling in Warning Scots on Vote

    Published 1 hour ago

    Former U.S. Secretary of State Hillary Clinton entered the debate over Scottish independence, becoming the latest high-profile figure to warn against the breakup of the U.K.

  • U.K. Stocks Fall as Housebuilders Drop on Osborne Speech

    Published 1 hour, 17 minutes ago

    U.K. stocks fell after George Osborne promised that the Bank of England will get new powers to rein in mortgage lending, while BOE Governor Mark Carney said interest rates may rise sooner than expected.

  • FX Sanctions, Europe ABS, BNP Paribas: Compliance

    Published 1 hour, 44 minutes ago

    Traders who manipulate currency rates or borrowing costs would face criminal charges under plans to be announced by U.K. Chancellor of the Exchequer George Osborne in a crackdown on bankers less than a year before a general election.

  • EBA Says Allowances to Avoid Bonus Cap May Be Outlawed

    Published 1 hour, 46 minutes ago

    The European Banking Authority said it may restrict role-based payouts for senior bankers as it seeks to crack down on potential loopholes in rules curbing incentives for risky behavior.

  • Cameron Appeals to European Voters Over Juncker

    Published 2 hours, 24 minutes ago

    U.K. Prime Minister David Cameron made a direct appeal to European voters in his campaign to block the appointment of Jean-Claude Juncker as president of the European Commission.

  • Valeant’s State-of-Play for You in Four Minutes: Opening Line

    Published 3 hours, 12 minutes ago

    Valeant fell 3.5 percent yesterday, the biggest drop in two months and for its eighth consecutive day of declines, during which it has lost 10 percent. The stock now trades below its price on the day Valeant announced its bid for Allergan, which won’t help its cause.

  • Basel’s Liquidity Rules Ignored as Europe Sides With Denmark

    Published 3 hours, 5 minutes ago

    The European Commission is ready to side with Denmark in agreeing to more lenient rules in the treatment of covered bonds than recommended under Basel III.

  • Rupiah Sees First Weekly Gain in Four Spurred by Election Debate

    Published 3 hours, 21 minutes ago

    Indonesia’s rupiah was set for its first weekly gain in a month on speculation Joko Widodo solidified his position as presidential frontrunner after a televised candidate debate.


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